The Commissioner Of Income-Tax,Chennai v. M/S. Oriental Hotels Ltd.,Paramount Plaza
High Court
22 Nov 2024 In favour of: Assessee
Forum / Bench
High Court · hc_cis_mas
Parties
The Commissioner Of Income-Tax,Chennai v. M/S. Oriental Hotels Ltd.,Paramount Plaza
Date of order
22 Nov 2024
Assessment year(s)
—
Outcome
Dismissed
The order — as passed by the High Court
Case summary
In The Commissioner Of Income-Tax,Chennai v. M/S. Oriental Hotels Ltd.,Paramount Plaza, the High Court (2024) dismissed the appeal. The decision went in favour of the assessee.
Decision: Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
Sections referenced in this judgment
T.C.A.No.863 of 2014
IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 22.11.2024
CORAM :
THE HONOURABLE DR.JUSTICEANITA SUMANTHand
THE HONOURABLE MR.JUSTICE G. ARUL MURUGAN
T.C.A.No.863 of 2014
The Commissioner of Income-Tax,Chennai.
.. Appellant
vs
M/s. Oriental Hotels Ltd.,Paramount Plaza,47, Mahatma Gandhi Road,Chennai – 600 034
.. Respondent
Prayer : Appeal filed under Section 260A of the Income Tax Act, 1961 against order of the Income Tax Appellate Tribunal, 'B' Bench, Chennai dated 21.01.2011 in ITA No.2314/Mds/2007.
For Appellant :Mrs.V.PushpaSenior Standing Counsel
For Respondent:Mr.R.Vijayaraghavanfor M/s.Subbaraya AiyarPadmanabhan & Ramamani
DR. ANITA SUMANTH.,J.andG. ARUL MURUGAN.,J.
JUDGMENT(Delivered by Dr. ANITA SUMANTH.,J)
Mrs.V.Pushpa, learned Senior Standing Counsel, appearing for the appellant/Department would submit that the Income-Tax Department does not wish to pursue this appeal qua assessment year 2003 - 04 and seeks withdrawal of the same on account of the low tax effect per Circular bearing No.9 of 2024 dated 17.09.2024.
2. Recording the aforesaid submission, this tax case appeal is dismissed as withdrawn leaving the question of law open to be decided in an appropriate matter. No costs.
Index:Yes/NoNeutral Citation:Yesssm
[A.S.M., J] [G.A.M., J] 22.11.2024
T.C.A.No.863 of 2014
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